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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: FaultLine who wrote (1765)	8/2/2001 4:46:43 PM
From: Dr. Id	Read Replies (7) of 5205

No Groupthink for me... Looking to sell the QCOM Oct 75's. Was looking for 4.50 today (just missed it), but pulled my order and am looking to trend up tomorrow morning to set another price. I'd like to get 5 if I can... I AM a bit concerned about the danger of groupthink here which has infected other SI threads to their detriment (I was speaking to UF about it this morning which led to his posts regarding it...) and have found it interesting (and a little concerning) that central thread members mention trades and then others follow (and I'm guessing more lurkers). While they may be well thought out trades by the original poster, everyone's situation is different and a good trade for one may be a lousy trade for another. Also, there was a strong sentiment for front month calls, which also changed with a couple of posts... While they were fine posts, it is a concern... I would hate to see this thread become one of "trading recommendations" as opposed to an options workshop. Dr.Id@tryingtoremainanindependent.pov

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